Neighborhood Watch – Hinjewadi, Pune
Once a village located on the outskirts of Pune on the Mumbai-Bangalore highway, Hinjewadi is now home to one of India's fastest growing technology parks, Rajeev Gandhi Infotech Park.
Two phases of this IT hub have already been completed with phase three underway and plans for future phases in place. The park houses offices of several eminent companies such as Tata Consultancy Services, Honeywell, Infosys, Wipro and Tech Mahindra, among others.
The presence of the technology park, world-class hotels, and future development plans in the area has made Hinjewadi a popular choice for real estate developers. Due to massive development taking place in and around Hinjewadi, property prices in the area have greatly appreciated.
Pune City by Night | Photo: cell105/Flickr
Connectivity
Hinjewadi is ideally located just off the NH4 bypass and as such it is easy to locate and is well connected with other parts of the city. It is about 18 kilometres from the Pune railway station and 22 kilometres from the airport. There also few buses plying between Hinjewadi and Pune city centre. The city of Mumbai is 145 kilometres from Hinjewadi, which is about a three and a half hour drive on the expressway.
Hotels
Owing to its growth into one of the country's premier technology and business hubs, a number of hotels have mushroomed in Hinjewadi. Some of the hotels in the area include Lemon Tree Hotel, Holiday Inn, Ginger Hotel and Courtyard by Marriott and are ideal for those travelling to Pune for business and also for pleasure.
Shopping Malls and Recreation
There are number of shops, malls and restaurants in the Hinjewadi area. In addition to that, the city of Pune has no dearth of options for shopping and eating out.
The Shri Shiv Chhatrapati Sports Complex is also located in the Balewadi area of Hinjewadi Pune about 5 kilometers from the Rajeev Gandhi Infotech Park. The sports complex was also the venue for the 2008 Commonwealth Youth Games and houses facilities for sports such as Athletics, Badminton, Basketball, Boxing and Shooting. The stadium also hosts league matches for the Pune Football Club. There is also a fitness centre within the sports complex with facilities for Yoga and Meditation.
Rajeev Gandhi IT Park in Hinjewadi | Photo: Tejasborse/Wikimedia Commons
Educational Institutions
In addition to being a corporate hub and a sought-after residential area, Hinjewadi is also home to several schools and educational institutions. These include the Mercedes Benz International School, Symbiosis Infotech Campus, Symbiosis Institute of International Business and Blueridge Public School, among others.
Hospitals and Banks
Most of the major banks have their branches and ATMs in Hinjewadi such as ICICI, Punjab National Bank, IDBI, HDFC, Band of India, Bank of Maharashtra and Indian Overseas Bank. Some of the major hospitals in the area include Hinjewadi Hospital, Sanjeevani Hospital and Shree Hospital.
Real Estate in Hinjewadi
Since its early stages of development, Hinjewadi has been known as a 'land of opportunities'. And rightly so, as the area has morphed from a small village into a major business and technology hub and a fast-growing and bubbling real estate market. Those interested in buying properties in the area will be spoilt for choice with a number of housing projects already completed like Sairung City. New projects in the area include Saarthi Sovereign with 235 units and Kasturi Housing Eon Homes. The average price per square feet is approximately Rs. 3848 with the maximum price going up to Rs. 5100 for Blue Ridge by Paranjape.
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